FTSE 100 - March

[jonray]

Cheers oatman, at least there is a little reassurance in knowing that they all rip us off......

 

[Hooya]

CMC have been sticking to a high fair value recently..partly because of their smaller spread I think but they have been tracking the futs quote closely...so I guess no reason to complain apart from it is a bit off putting.

 

[Hooya]

Chart

 

[Hooya]

mmmm?

 

[Hooya]

or this one on the 17th

 

[barjon]

For those confining themselves to trading with the trend it'd be
interesting to know what trend timescale you use and how you
establish the trend.

eg: timescale - 1 day sma? shorter? longer?

trend - macd? ma crossover? ew? etc? etc?

 

[Finirama]

Hi Barjon,

I define the trend with 3 moving averages - 100ema, 32ema and 10sma.

Use to trade with 1 min chart but found the 5 min chart more reliable and keeps you big moves for longer

I look at the relationship between distance of price from the moving averages and the difference in slope of the moving averages.

I have found the corrective waves cause the 10 and 32 day averages to crossover and converge close to the 100, before moving in back in the original direction.

 

[barjon]

hi fin

looks sound to me!!

I first thought your 100, 32, 10 were period mas (last 100, 32, 10
bars) but you mention "day" in the final sentence, so assume
they are 100day, 32day and 10day?

 

[oatman]

He's using 5min chart, isn't he?

 

[barjon]

exactly

 

[oatman]

So they're 5min periods.

 

[barjon]

that's what i thought 'til the "day" bit - just clarifying

 

[Finirama]

Sorry...should have clarified!!

 

[Finirama]

Its 10,32,100 day moving averages on 5 min periods

 

[Finirama]

Barjon,

Also use RSI on 19 days for overbought/oversold to catch the end of moves through 2 peak divergence as well as accumulation/distribution line to confirm the shift

 

[mully]

FTSE 100 traders/watchers

Are we about to see the successful/failed test of the SP500 recent low? Result should determine next decent move in FTSE

 

[FetteredChinos]

morning all, have been doing some research into indicators (dont strike me down please lol)

i dont normally use them, but this one has caught my eye.


seems like buying/selling a break of the Parabolic SAR can yield decent gains during volatile moments..eg the opening scramble, and the period running up to the close...(not sure of an exit point, perhaps a fixed target could be in order??? - more analysis required)


just another string to the bow perhaps.

FC

 

[jonnyy40]

Dax down Mytrack future and index.When's rollover?

 

[Finirama]

19th

 

[jonnyy40]

Cheers.I got most of that up and it still seems strong.